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Gemini Exchange Expands into Windy City to Capture Institutional Wave

Gemini Exchange Expands into Windy City to Capture Institutional Wave


Gemini, the cryptocurrency exchange launched by Cameron and Tyler Winklevoss, has expanded its footprint into Chicago. A Gemini spokesperson told CCN that they are "opening [the new office] with five employees." One of them, Andrew Page, appears to have been poached from Coinbase, base on his LinkedIn profile. Page spent one month as senior product manager at Coinbase – from March till April 2019 – in Chicago and has most recently been named product manager at Gemini.
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Litecoin Hashrate Skyrockets amid Rumors of Next-Gen Miner Availability

Litecoin Hashrate Skyrockets amid Rumors of Next-Gen Miner Availability


By CCN: Litecoin may not be immune to today’s crypto market sell-off, but the No. 5 cryptocurrency has been one of the leaders of 2019. In addition to the crypto market’s expanding value, the hashrate – which is a reflection of computing power dedicated to the network – has also been on the rise.
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MinedBlock Infographic

MinedBlock Infographic


MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation, mining multiple crypto assets without the need to buy, configure and maintain expensive mining equipment.
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SEC Suggests Ethereum is Usable Currency in Dramatic Kik Lawsuit

SEC Suggests Ethereum is Usable Currency in Dramatic Kik Lawsuit


By CCN: Ethereum’s status as a legitimate transactional currency was confirmed once again this week – by none other than the Securities and Exchange Commission.
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Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders

Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders


By CCN: Monacoin bills itself as Japan’s first cryptocurrency, and it’s gained significantly during the recent bull market activity. The cat meme cryptocurrency surged more than 80% in just 24 hours, leaving it with a per-token value of more than $2. Previously, Monacoin’s price was closer to $1.
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Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals

Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals


Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31.
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EY Exec: Most Ethereum Decentralized Apps Not Used Productively

EY Exec: Most Ethereum Decentralized Apps Not Used Productively


83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation.
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Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption

Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption


The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31.
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